News release: “The Center for Latin American Monetary Studies (CEMLA), the Multilateral Investment Fund (MIF), a member of Inter-American Development Bank (IDB), and the World Bank today launched enviacentroamerica.org, a free online tool to compare and make transparent the costs of remittances from the United States to six Central American countries and the Dominican Republic. The website provides detailed and updated monthly information on how much it costs to send money from the U.S. to Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Costs are calculated based on amounts of US$200 and US$500…Enviacentroamerica.org provides information on the costs that different operators charge in five major remittance-sending hubs in the United States (California, Florida, New York, the District of Columbia and Massachusetts) to Central America and the Dominican Republic as well as on the costs to wire money from Costa Rica to Nicaragua.”
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